Brief: Lehto Launches Change Negotiations

Lehto Oyj

24/03/2022 06:35

March 24 (Reuters) - Lehto Group Oyj  LEHTO.HE :
    * LEHTO GROUP PLC: LEHTO IS LAUNCHING CHANGE NEGOTIATIONS TO
STREAMLINE ITS OPERATIONS AND TO REDUCE THE COST PRESSURE OF
RISING CONSTRUCTION COSTS
    * NEGOTIATIONS AIM TO ACHIEVE SAVINGS TOTALING APPROXIMATELY
150
PERSON-YEARS, WHICH ARE ESTIMATED TO HAVE AN IMPACT OF
APPROXIMATELY EUR 3 MILLION IN 2022
    * NEGOTIATIONS APPLY TO ALL UNITS OF GROUP, WITH EXCEPTION
OF
REMONTTIPARTIO OY (PIPELINE RENOVATION BUSINESS) AND
INSINÖÖRITOIMISTO MÄKELÄINEN OY
    * NEGOTIATIONS OR THEIR OUTCOME DOES NOT HAVE AFFECT ON
LEHTO'S
2022 OUTLOOK
    * POSSIBLE MEASURES WILL BE IMPLEMENTED THROUGH LAYOFFS, JOB
CHANGES AND TRANSFERS DURING 2022

Source text for Eikon:  ID:nWkrk1kRh 
Further company coverage:  LEHTO.HE 

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